Why US 'dollar doomsayers' could be wrong about its imminent …

Jun 21, 2023 · The position of the US dollar in the global league table of foreign exchange reserves held by other countries is closely watched. Every slight fall in its share is interpreted …

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De-Dollarization: 3 Reasons Why The Dollar Can't Be Dethroned

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Nov 18, 2024 · Dollar doomsayers say trust is waning in the greenback as concerns mount over the US's rising debt balance. As of this year, the government has racked up over $34 trillion in …

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US Dollar Strength To Pause, But Upside Risks Remain

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Jan 7, 2025 · Firstly, we could be wrong about the path of interest rates in the US. Should inflation remain stickier than we expect (and not decline to 2.2% by year-end from the current level of …

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FAQs about Why US 'dollar doomsayers' could be wrong about its imminent … Coupon?

Are doomsayers wrong about the US dollar?

Doomsayers think the US dollar is under threat. They're wrong. Russia and China have spearheaded the de-dollarization movement over the past year. Doomsayers have warned that the US dollar is under threat. They think that the greenback's share of international reserves will dwindle as countries turn to alternatives like the Chinese yuan. ...

Could a global effort to demote the dollar happen?

A global effort — co-ordinated or otherwise — to demote the dollar could happen. If executed at serious scale it would remove the exorbitant privilege from the US of issuing debt on its own terms safe in the knowledge that other national authorities will lap it up. This would change the game in markets and trade. ...

Is the dollar still a warning system?

Meanwhile, the US Dollar Index has fallen by 11% since its September peak. But McMillan isn't worried about the dollar's ups and downs. "As far as the markets are concerned, the dollar is still where it has always been. If we consider the markets as a warning system, they are still flashing green," he wrote. ...

Will concerns over US debt affect the dollar?

Concerns over the US debt won't affect the dollar. Dollar doomsayers say trust is waning in the greenback as concerns mount over the US's rising debt balance. As of this year, the government has racked up over $34 trillion in debt, a record amount. ...

Are dollar collapse fears bogus?

Dollar collapse fears are bogus as the greenback can't be replaced anytime soon, Brad McMillan said. A lot of the talk is often from doomsayers trying to push gold, Commonwealth Financial's CIO said. The dollar "is not only the established choice and, in most cases, the smart choice, but it is the only choice." ...

Will de-dollarization chip away at the dollar's dominance?

Their hypothesis tends to be that de-dollarization – a movement to unseat the buck that's been spearheaded by China, Russia, and several other countries – will chip away at the dollar's dominance of global trade. ...